Feb 26 (Reuters) - Western Investment Company Of Canada Ltd WI.V :
* WESTERN FINALIZES PURCHASE OF FOOTHILLS CREAMERY LTD.
* SAYS EXECUTED A PURCHASE AND SALE AGREEMENT FOR PURCHASE OF A 90% OWNERSHIP STAKE IN FOOTHILLS CREAMERY LTD
* SAYS PURCHASE PRICE FOR DEAL IS SET AT $27.6 MILLION, SUBJECT TO ADJUSTMENTS
* SAYS WILL OWN 50% OF FOOTHILLS WITH ATB CAPITAL & FOOTHILLS CEO DON BAYRACK RETAINING OTHER 50%